Alibaba Takes $20 Billion IPO Sales Pitch on the Road

Alibaba gears up to take its IPO, which is expected to raise over $20 billion for the company, on the road in September. WSJ's Telis Demos discusses the details on News Hub. Photo: Getty

This transcript has been automatically generated and may not be 100% accurate.

... after announcing the largest IPO in history Alibaba is taking a hit show on the road ... to bring the formal sales pitch to bankers and investors ... sounds easy after all who wouldn't wanna be part of a twenty ... billion dollar IPO ... WSJ's tells the masa is here he says there are some significant hurdles ahead ... much for joining us up thanks ALM ... this is a huge ... IPL get common in babies they said were probably that is maybe the biggest ever will save both will know that after the fact ... aam it's a gateway into a state that a massive market China will second-largest economy and at this moment penetrated guess ... that's all rights writes what you gotta get people to buy this yes that's right I'm that's the problem ... this right ... you know when you selling twenty billion dollars worth of stock in on asking people to kind of ... take the gamble on and company gets a new public company that doesn't maybe have a long track record ... of reporting earnings and things like that ... here it's meant to make it one of their core holdings basically you know some some of the biggest Mitchell fund companies may use of ... T Rowe's and Fidelity's things that that will be asked of me by more than billion dollars worth of stock that's the most upbeat Leona comes the lake that Gugle something like that so you know ... really what the company's given its thinkers have to do is convince them that this is like one of the ... biggest and most interesting most important public companies the world that they should make an excellent four part a portfolio and ponder the issue with that it is that they do making a huge bet on the company hasn't done reporting the findings very often ... Ahmet and its timing based in from China where a ... aam things Oval but up a core truth is that is the Fed will still get the specs Alibaba gets off a little bit easier on that because they're not ... technically a Chinese company they are actually registered in the Caymans ... and so they're auditor's large edges meet us this I would share ... right that that might read as to raise other issues but at least in that respect like some of the law that ... mostly on the product because and other companies comes out like Hong Kong ... read in mainland China which is where ... the SCC has had ... on those issues of that certainly like other things about ... the way the Chinese companies are structured which some of them are not entirely out of the was full the rules but foreign ownership and so therefore the company's structured ... to these kind of ... and to tease that are probably on sometimes management of him it's one thing its comeuppance in the alignment of the incentives management unit Jack Ma the founder and ... said charismatic totally Syntel unity richest man in China soon to be the richest man in China knows he has ... interests in some these businesses that ... E-mail Alibaba only has a sort of ... certain claims on so you know that there are deftly questions that did it structure raises it ... and so the battle be the next up was a big amount lemme know despite all at least a new laptop By MX Fri ... it's right out what is in sight which is in sight well the way there that I get it done is they've created two teams two separate contracts of bankers and and and executives which is actually the same way turns out they did a couple of Iraq as a craft for example the average and I get couple years ago ... answer these two teams the orange team in the red team ... are going to get good separate meetings in intake around if exacted so one side will be ... Joe Tsai the former CFO now executive vice chairman aam and I jump to lose the current chief executive Ian eighteen eleven CFO making will ... in the C O O Daniel Zhang ... Karabell Kennelly two teams of bankers and ... in a bid analysts now cities so you know in the US is Boston Baltimore ... and Denver Los Angeles at that Cisco than they're going to London to Singapore that one Hong Kong ... some people may become people may even stop Middle East so it's a big effort to cut the truck route is a huge definitely the times and shifting will be pretty crazy as I'm imagining any sleep ... I got a very exciting time and will see how it goes the new health authority pickup so and success will bring much with the most